Chignik Newswire

There is no backlog from last season in cold storages, a lower harvest forecast is boosting demand, prices for competing farmed salmon have remained high all year, and a devalued U.S. dollar makes Alaska salmon more appealing to foreign customers. "Over the past year the dollar has weakened 11 percent against the euro, 9 percent against the British pound, 5 percent against the Japanese yen, and 7 percent against the Chinese yuan.
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The Alaska Department of Fish and Game shut down set net fishermen in the Yakutat District on Thursday after fishery managers determined less than 10 percent of the historical average have returned. Weirs on the Situk River have counted only 1,700 returning sockeye this year.
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